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发表于 2025-3-21 19:36:41
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帐单
发表于 2025-3-21 23:01:51
Cointegrated Systems,t forward arguments for and against the modelling of cointegration relationships based on closed models or on conditional sub-systems. The structure of the chapter is as follows. We first clarify the basic notation that is used in this chapter. As the focus on the nonstationary properties of economi
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发表于 2025-3-22 04:10:45
Weak Exogeneity in Error Correction Models,ointegrated systems. Both have advantages and defects. Conditional sub-systems, in particular, necessitate exogeneity assumptions which, if not fulfilled, may induce loss of efficiency and consistency -as in the usual stationary framework- but in the case of cointegrated systems also imply a loss of
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Conclusions,id inference in conditional cointegrated systems, we have investigated the conditions of weak exogeneity within a particularly useful representation of cointegrated systems which is the popular error correction model.
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发表于 2025-3-23 03:50:20
0075-8442 tricliterature. This book provides ananalysis of the notion of (weak)exogeneity, which isnecessary to sustain valid inference in sub-systems, intheframework of error correction models (ECMs).In many practicalsituations, the applied econometricianwants to introduce "structure" onhis/her model in orde
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发表于 2025-3-23 05:46:27
Approach and Structure of Thesiscent econometric techniques and modelling approaches. Nevertheless, we think that a refinement in the dynamic specification of trade flows may lead to a substantially different analysis of price and income effects in international trade.